UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

FORM 10-Q

x [X] Quarterly report under Section 13 or 15(d) of the Securities Exchange Act of 1934

FOR THE QUARTERLY PERIOD ENDED ~~JUNE~~ September 30, 2011

o [ ] Transition report under Section 13 or 15(d) of the Exchange Act

For the transition period from __________ to __________

Commission File Number 0-131224

Universal Tracking Solutions, Inc.

(Exact Name of Small Business Issuer as Specified in Its Charter)

NEVADA	20-5249860
(State or Other Jurisdiction of Incorporation or Organization)	(IRS Employer Identification No.)

3317 S. Higley Road, Suite 114-475

Gilbert, AZ 85297

(Address of Principal Executive Offices)

(480) 855-8877

(Issuer's Telephone Number, Including Area Code)

N/A

(Former Name, Former Address and Former Fiscal Year, If changed since Last Report)

Indicate by check mark whether the issuer (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes o [] No x[X]

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes o [] No x[X]

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definition of “large accelerated filer,” “accelerated filer,” and “smaller reporting company” in Rule 12b-2 of the Exchange Act. Large accelerated filer [] Accelerated filer [] Non-accelerated filer [] Smaller reporting company [X]

~~Large~~Indicate ~~accelerated~~by ~~filer o Accelerated~~check ~~filer o Non-accelerated~~mark ~~filer o Smaller~~whether ~~reporting~~the registrant is a shell company x (as defined in Rule 12b-2 of the Exchange Act). Yes [ ] No [X]

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes o No x

Table of Contents

APPLICABLE ONLY TO ISSUERS INVOLVED IN BANKRUPTCY

PROCEEDINGS DURING THE PRECEDING FIVE YEARS:

Indicate by check mark whether the registrant has filed all documents and reports required to be filed by Sections 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court. Yes o [] No o []

APPLICABLE ONLY TO CORPORATE ISSUERS:

Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.

The number of shares outstanding of each of the Registrant’s classes of common stock, as of ~~June~~September 30, 2011 was 22,124,373 shares, all of one class, $0.0001 par value per share.

- 2 -

Table of Contents

UNIVERSAL TRACKING SOLUTIONS, INC.

FORM 10-Q FOR THE QUARTERLY PERIOD ENDED SEPTEMBER ~~JUNE~~ 30, 2011

~~TABLE~~ITEM OF1. ~~CONTENTS~~FINANCIAL STATEMENTS

PART I
Item 1. Financial Statements	F - 1
Balance Sheets as of June 30, 2011 and December 31, 2010	F-1
Statements of Operations for the Three and Six Months Ended June 30, 2011 and 2010	F-2
Statements of Cash Flows for the Six Months Ended June 30, 2011 and 2010	F-3
Notes to Consolidated Financial Statements	F-4
Item 2. Management’s Discussion and Analysis or Plan of Operation	4
Item 3. Quantitative and Qualitative Disclosures About Market Risk	5
Item 4. Controls and Procedures	5
PART II
Item 1. Legal Proceedings	6
Item 1A. Risk Factors	6
tem 2. Unregistered Sale of Equity Securities and Use of Proceeds	6
Item 3. Defaults Upon Senior Securities	6
Item 4. Removed and Reserved	6
Item 5. Other Information	6
Item 6. Exhibits	6

TABLE OF CONTENTS

- 3 -

PART I

Balance Sheets as of September 30, 2011 and December 31, 2010	F-1
Statements of Operations for the Three and Nine Months Ended September 30, 2011 and 2010	F-2
Statements of Cash Flows for the Nine Months Ended September 30, 2011 and 2010	F-3
Notes to Consolidated Financial Statements	F-4
Item 2. Management’s Discussion and Analysis or Plan of Operation	11
Item 3. Controls and Procedures	12
PART II
Item 1. Legal Proceedings	13
Item 1A. Risk Factors	13
Item 2. Unregistered Sale of Equity Securities and Use of Proceeds	13
Item 3. Defaults Upon Senior Securities	13
Item 4. Removed and Reserved	13
Item 5. Other Information	13
Item 6. Exhibits	14

~~Table~~UNIVERSAL ofTRACKING ~~Contents~~SOLUTIONS, INC.

~~PART~~BALANCE ISHEET

~~ITEM~~SEPTEMBER ~~1. FINANCIAL~~30, ~~STATEMENTS~~2011 AND DECEMBER 31, 2010

~~UNIVERSAL TRACKING SOLUTIONS, INC.~~(Unaudited)

BALANCE SHEET

	2011 (unaudited)			2010 (unaudited)
Current Assets:
Cash	$	48,381		$	12,045
Accounts Receivable		122,183			71,193
Inventory		2,459			740
Other Current Assets					4,869
Total Current Assets		173,023			88,847

Property and Equipment, net		1,738			1,738

Other Assets:		15,120			35,069

Total Assets		189,881			125,654

Current Liabilities:
Accounts Payable		41,951			42,051
Notes Payable, Short Term		35,636			30,718
Unearned Access Revenue		68,473			75,884
Accrued Liabilities		10,110			10,331
Total Current Liabilities		156,170			158,984

Long Term Liabilities
Notes payable, Long term		19,500			20,000
Unearned Access Revenue		32,984			32,984
Total Long Term Liabilities		52,484			52,984

Total Liabilities:		208,654			211,968

Stockholders’ Equity (Deficit):
Common stock at $0.0001 par value; 100,000,000 shares authorized; issued and outstanding: 22,124,373 shares September 30, 2011; 20,124,373 December 31, 2010		2,212			2,012
Additional pay-in capital		552,187			551,087
Accumulated deficit		(573,172	)		(639,413	)
Stockholders’ Equity		(18,773	)		(86,314	)
Total Liabilities and Stockholders’ Equity:	$	189,881			125,654

~~JUNE~~See ~~30,~~accompanying ~~2011~~notes ~~AND~~to ~~DECEMBER~~these ~~31,~~financial ~~2010~~statements.

~~(Unaudited)~~UNIVERSAL TRACKING SOLUTIONS, INC.

	2011 (unaudited)			2010 (unaudited)
Current Assets:
Cash	$	12,002		$	12,045
Accounts Receivable		105,001			71,193
Inventory		9,556			740
Other Current Assets					4,869
Total Current Assets		126,559			88,847
Property and Equipment, net		1,738			1,738
Other Assets:		15,120			35,069
Total Assets		143,417			125,654
Current Liabilities:
Accounts Payable		41,951			42,051
Notes Payable, Short Term		36,136			30,718
Unearned Access Revenue		76,556			75,884
Accrued Liabilities		7,972			10,331
Total Current Liabilities		162,615			158,984
Long Term Liabilities
Notes payable, Long term		19,500			20,000
Unearned Access Revenue		29,840			32,984
Total Long Term Liabilities		49,340			52,984
Total Liabilities:		211,955			211,968
Stockholders’ Equity (Deficit):
Common stock at $0.0001 par value; 100,000,000 shares authorized; issued and outstanding: 22,124,373 shares June 30, 2011; 20,124,373 December 31, 2010		2,212			2,012
Additional pay-in capital		552,187			551,087
Accumulated deficit		(622,937	)		(639,413	)
Stockholders’ Equity		(68,538	)		(86,314	)
Total Liabilities and Stockholders’ Equity:	$	143,417			125,654

STATEMENTS OF OPERATIONS

~~See~~FOR ~~accompanying~~THE ~~notes~~THREE toAND ~~these~~NINE ~~financial~~MONTHS ~~statements.~~ENDED SEPTEMBER 30, 2011 AND 2010

~~F - 1~~(Unaudited)

Table of Contents

		Three Months Ended June 30,					Nine Months Ended September 30,
		2011 (unaudited)			2010 (unaudited)		2011 (unaudited)				2010 (unaudited)



Revenue	$	197,908		$	121,096		$	482,059		$		436,044
Cost of Revenue		89,723			71,859			253,363				291,409
Gross Profit		108,185			49,237			228,696				144,635

Operating Expenses:
General and Administrative		54,122			57,908			150,736				133,612
Professional Fees		2,182			150			5,629				2,798
Miscellaneous Expense		466			264			710				3,998
Total Operating Expenses		56,770			58,322			157,075				140,408

Other Income (Expense)
Miscellaneous Income		58			787			58				787
Interest Income (Expense)		(1,708	)		(1,178	)		(5,438	)			(5,612	)
Total Other Income (Expense)		(1,650	)		(391	)		(5,380	)			(4,825	)

Net Income (Loss)		49,765			(9,476	)		66,241				(598	)

Basic and diluted loss per share	$	0.00		$	0.00		$	0.00			$	0.00

Weighted average number of common shares outstanding		22,124,373			20,124,373			21,902,151				20,124,373

~~UNIVERSAL~~See ~~TRACKING~~accompanying ~~SOLUTIONS,~~notes ~~INC~~to these financial statements.

~~STATEMENTS~~UNIVSERSAL OFTRACKING ~~OPERATIONS~~SOLUTIONS, INC.

~~FOR~~STATEMENTS ~~THE~~OF ~~THREE~~CASH ~~AND SIX MONTHS ENDED JUNE 30, 2011 AND 2010~~FLOWS

~~(Unaudited)~~FOR THE NINE MONTHS ENDED SEPTEMBER 30, 2011 AND 2010

	Three Months Ended June 30,						Six Months Ended June 30,
	2011 (unaudited)			2010 (unaudited)			2011 (unaudited)			2010 (unaudited)
Revenue	$	166,259		$	144,113		$	284,151		$	314,948
Cost of Revenue		81,019			106,404			163,640			219,550
Gross Profit		85,240			37,709			120,511			95,398
Operating Expenses:
General and Administrative		48,996			34,930			96,614			75,704
Professional Fees		1,429			600			3,447			2,648
Miscellaneous Expense		139			3,452			244			3,734
Total Operating Expenses		50,564			38,982			100,305			82,086
Other Income (Expense)
Miscellaneous Income
Interest Income (Expense)		(980	)		(2,954	)		(3,730	)		(4,434	)
Total Other Income (Expense)		(980	)		(2,954	)		(3,730	)		(4,434	)
Net Income (Loss)		33,696			(4,227	)		16,476			8,878
Basic and diluted loss per share	$	0		$	0		$	0		$	0
Weighted average number of common shares outstanding		22,124,373			20,124,373			21,791,040			20,124,373

(Unaudited)

See accompanying notes to these financial statements.

	2011 (unaudited)			2010 (unaudited)

Net income (loss)	$	66,241		$	(598	)
Adjustments to reconcile net loss to net cash flows from operating activities:
Accounts receivable		(50,990	)		(10,740	)
Inventory		(1,719	)		16,906
Other current assets		4,869			(8,945	)
Accounts payable		(100	)		(19,971	)
Notes payable, short term		4,918			(14,663	)
Unearned access revenue		(7,411	)		25,704
Accrued liabilities		(221	)		(5,512	)
Total adjustments		(50,654	)		(17,221	)

Net cash flows from operating activities		15,587			(17,819	)

Cash Flows From Investing Activities
Purchase of property and equipment		-			-
Other assets		19,949			10,051
Net cash flows from investing activities		19,949			10,051

Cash Flows From Financing Activities
Proceeds from notes payable		-500			-
Unearned access revenue		-			(6,889	)
Proceeds from sale of common stock		1,300			100
Net cash provided by financing activities		800			(6,789	)

Net Change in Cash		36,336			(14,557	)

Cash, Beginning of the Period		12,045			28,983

Cash, End of the Period	$	48,381		$	14,425

FSee -accompanying 2notes to these financial statements.

~~Table~~UNIVERSAL ofTRACKING ~~Contents~~SOLUTIONS, INC.

~~UNIVSERSAL~~NOTES ~~TRACKING~~TO ~~SOLUTIONS,~~FINANCIAL ~~INC.~~STATEMETS

~~STATEMENTS~~FOR OFTHE ~~CASH~~NINE ~~FLOWS~~MONTHS ENDED SEPTEMBER 30, 2011

~~FOR~~Note ~~THE~~A ~~SIX~~- ~~MONTHS~~Nature ~~ENDED~~of ~~JUNE~~Operations ~~30,~~and ~~2011~~Basis of ~~AND 2010~~Presentation

The accompanying September 30, 2011 consolidated financial statements have been prepared by the Company without audit. In the opinion of management, all adjustments (~~Unaudited~~which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and cash flows for the three and nine months ended September 30, 2011 and for all periods presented have been made.

	2011 (unaudited)			2010 (unaudited)
Net income (loss)	$	16476		$	8,878
Adjustments to reconcile net loss to net cash flows from operating activities:
Accounts receivable		(33,808	)		(6,195	)
Inventory		(8,816	)		10,487
Other current assets		4,869			1,106
Accounts payable		(100	)		(16,171	)
Notes payable, short term		5,418			(800	)
Unearned access revenue		672			15,288
Accrued liabilities		(2,359	)		(13,789	)
Total adjustments		(34,124	)		(10,074	)
Net cash flows from operating activities		(17,648	)		(1,196	)
Cash Flows From Investing Activities
Purchase of property and equipment		-			-
Other assets		19,949			-
Net cash flows from investing activities		19,949			-
Cash Flows From Financing Activities
Proceeds from notes payable		(500	)		100
Unearned access revenue		(3,144	)		(6,889	)
Proceeds from sale of common stock		1,300
Net cash provided by financing activities		(2,344	)		(6,789	)
Net Change in Cash		(43	)		(7,985	)
Cash, Beginning of the Period		12,045			28,983
Cash, End of the Period	$	12,002		$	20,998

Nature of Operations

~~See~~Universal ~~accompanying~~Tracking ~~notes~~Solutions, toInc. ~~these~~was ~~financial~~incorporated on ~~statements~~July 11, 2006 in the state of Nevada (“UTS”, or the “Company”). UTS is an application based solutions provider of telemetry tracking systems. UTS specialize in fleet management, law enforcement, and finance applications as well as the motorcycle and auto industries.

~~F - 3~~Merger

~~Table~~On May 2, 2008, the shareholders of ~~Contents~~UTS entered into a share exchange agreement with Dynamic Merger Shell, Inc. (later amended to substitute Dynamic Merger Sub, Inc.), a wholly-owned subsidiary of the Issuer. The share exchange agreement is included in a 14C filed with the Securities and Exchange Commission on September 18, 2008. The acquisition of UTS as a subsidiary of the Issuer was consummated on October 8, 2008.

~~UNIVERSAL~~The Share ~~TRACKING~~Exchange ~~SOLUTIONS~~Agreement between Dynamic and the Shareholders of Universal Tracking Solutions, ~~INC~~Inc. (the “Plan of Share Exchange”) generally provides for the following:

~~NOTES~~1) Universal Tracking TOSolutions, ~~FINANCIAL~~Inc. ~~STATEMETS~~will become a wholly-owned subsidiary of Dynamic Natural Resources, Inc. upon the execution of the terms of the Plan of Share Exchange and compliance with the requirements of the laws of Nevada with respect to share exchange transactions;

~~FOR~~2) Dynamic Natural ~~THE~~Resources, ~~SIX~~Inc. ~~MONTHS~~shall ~~ENDED~~issue ~~JUNE~~and 30deliver to UTS shareholders Seven Million Eighty-Two Thousand Five Hundred (7,082,500) shares ~~2011~~of Dynamic’s validly issued, fully-paid and non-assessable restricted Common Stock, $0.0001 par value per share in exchange for UTS’ shareholders’ transfer of their 64% ownership interest in UTS or 7,082,500 book entry shares of UTS common stock, $0.0001 par value per share (the "UTS Shares") constituting all of the issued and outstanding capital stock of UTS not owned by Dynamic Natural Resources, Inc., upon the terms, provisions, and conditions and for the consideration hereinafter set forth in the Share Exchange Agreement, and thereby making UTS a wholly-owned subsidiary of the Issuer;

~~Note~~3) Upon the Aeffectiveness -of ~~Nature~~the Plan of ~~Operations~~Share ~~and~~Exchange, ~~Basis~~each outstanding share of ~~Presentation~~Universal Tracking Solutions, Inc. will be converted into a single share of Dynamic Natural Resources, Inc. without any action on the part of the holder thereof; and

4) The Plan ~~accompanying~~of ~~June~~Share ~~30,~~Exchange ~~2011~~shall ~~consolidated~~be ~~financial~~effected ~~statements have been prepared~~ by the ~~Company~~filing ~~without~~of ~~audit.~~respective Inarticles ~~the~~and ~~opinion~~plans of ~~management,~~share ~~all~~exchange ~~adjustments~~with ~~(which include only normal recurring adjustments) necessary to present fairly~~ the ~~financial~~State ~~position,~~of ~~results~~Nevada Secretary of ~~operations and cash flows for the three and six months ended June 30, 2011 and for all periods presented have been made~~State.

~~Nature~~5) Dynamic Common Stock Certificates will be distributed after the Effective Date of ~~Operations~~the Plan of Share Exchange. The Effective Date will occur at least 20 days after the filing of an Information Statement with the SEC and at least 10 days after mailing of the Information Statement to the Issuer’s shareholders.

~~Universal Tracking Solutions, Inc. was incorporated on July 11, 2006 in the state of Nevada (“UTS”, or the “Company”~~6). UTS shareholders isof anrecord ~~application~~as ~~based solutions provider~~ of ~~telemetry~~May ~~tracking systems. UTS specialize in fleet management~~1, ~~law~~2008 ~~enforcement,~~are ~~and~~eligible ~~finance~~to ~~applications~~participate asin ~~well as~~ the ~~motorcycle~~share ~~and auto industries~~exchange.

~~Merger~~The determination of the exchange ratio in the share exchange was based on the relative degree of control UTS’ controlling shareholders agreed to relinquish in exchange for the potential benefits that ownership of a public issuer may offer, on the one hand, and, on the other hand, the assurance of continued opportunities to increase the value of Issuer holdings.

OnAt ~~May~~the 2,Effective ~~2008,~~Date of the ~~shareholders~~share exchange, holders of UTS ~~entered~~common ~~into~~stock aceased ~~share~~to ~~exchange~~be ~~agreement~~stockholders ~~with~~of ~~Dynamic~~UTS ~~Merger~~and ~~Shell,~~will ~~Inc.~~no ~~(later~~longer ~~amended~~have toany ~~substitute~~rights ~~Dynamic~~as ~~Merger~~UTS ~~Sub~~stockholders, other ~~Inc.),~~than athe ~~wholly-owned~~right ~~subsidiary~~to ofreceive the ~~Issuer.~~applicable ~~The~~consideration ~~share exchange agreement is included~~ in athe ~~14C~~share ~~filed~~exchange. After ~~with~~ the ~~Securities~~Effective ~~and Exchange Commission on September 18~~Date, ~~2008.~~there will ~~The~~be ~~acquisition~~no oftransfers on UTS’ asstock atransfer ~~subsidiary~~books of ~~the~~any ~~Issuer~~shares ~~was~~of ~~consummated~~UTS oncommon ~~October 8, 2008~~stock.

The term sheet also contained a condition precedent to the Share Exchange Agreement ~~between~~that ~~Dynamic~~the ~~and~~Issuer ~~the~~shall ~~Shareholders~~have effected a reverse split of ~~Universal~~its ~~Tracking~~common ~~Solutions,~~stock ~~Inc.~~and (have issued a stock dividend to the ~~“Plan~~September 15, 2006 shareholders of ~~Share~~the ~~Exchange”)~~Issuer. ~~generally~~These ~~provides~~actions ~~for~~occurred ~~the~~in ~~following:~~April 2008.

~~(1)~~ The merger was accounted for as a reverse acquisition and recapitalization. Universal Tracking Solutions, ~~Inc.~~is ~~will~~the ~~become~~acquirer afor ~~wholly-owned~~accounting ~~subsidiary~~purposes ofand Dynamic Natural Resources, ~~Inc~~is the issuer. ~~upon~~Accordingly, ~~the~~Universal ~~execution~~Tracking ofSolutions’ ~~the~~historical ~~terms~~financial ofstatements ~~the~~for ~~Plan~~periods ofprior ~~Share~~to ~~Exchange~~the ~~and~~acquisition ~~compliance~~become those ~~with~~of the ~~requirements~~acquirer ofretroactively ~~the~~restated ~~laws~~for ofthe ~~Nevada~~equivalent ~~with~~number ~~respect~~of toshares ~~share~~issued ~~exchange~~in ~~transactions;~~the merger.

~~(2) Dynamic~~Basis ~~Natural Resources, Inc. shall issue and deliver to UTS shareholders Seven Million Eighty-Two Thousand Five Hundred (7,082,500) shares~~ of Dynamic’s validly issued, fully-paid and non-assessable restricted Common Stock, $0.0001 par value per share in exchange for UTS’ shareholders’ transfer of their 64% ownership interest in UTS or 7,082,500 book entry shares of UTS common stock, $0.0001 par value per share (the "UTS Shares") constituting all of the issued and outstanding capital stock of UTS not owned by Dynamic Natural Resources, Inc., upon the terms, provisions, and conditions and for the consideration hereinafter set forth in the Share Exchange Agreement, and thereby making UTS a wholly-owned subsidiary of the Issuer;Presentation

~~(3) Upon~~Use ~~the effectiveness~~ of the Plan of Share Exchange, each outstanding share of Universal Tracking Solutions, Inc. will be converted into a single share of Dynamic Natural Resources, Inc. without any action on the part of the holder thereof;Estimates

~~(4)~~ The ~~Plan~~preparation of ~~Share~~financial ~~Exchange~~statements ~~shall~~in conformity bewith ~~effected~~accounting byprinciples generally accepted in the ~~filing~~United States of ~~respective~~America ~~articles~~requires management to make estimates and ~~plans~~assumptions that affect the reported amounts of ~~share~~assets ~~exchange~~and ~~with~~liabilities and disclosure of contingent assets and liabilities at the ~~State~~date of ~~Nevada~~the ~~Secretary~~financial statements and the reported amounts of ~~State;~~revenues and expenses during the reporting period. Actual results could differ from those estimates.

~~(5) Dynamic~~Revenue Common Stock Certificates will be distributed after the Effective Date of the Plan of Share Exchange. The Effective Date will occur at least 20 days after the filing of an Information Statement with the SEC and at least 10 days after mailing of the Information Statement to the Issuer’s shareholders; and Recognition

~~(6) UTS~~Product ~~shareholders~~and ofservice ~~record~~revenue asand ofthe ~~May~~related labor 1,costs ~~2008~~and payroll are ~~eligible~~recorded toin ~~participate~~the period in which services are performed or products are delivered. All revenues are accounted for once they are earned. Units Sales are reported upon delivery of the ~~share~~product ~~exchange~~and the month maintenance fees are recognized when service is provided. Customers typically pay for monitoring services on a monthly basis.

~~The~~Accounts determination of the exchange ratio in the share exchange was based on the relative degree of control UTS’ controlling shareholders agreed to relinquish in exchange for the potential benefits that ownership of a public issuer may offer, on the one hand, and, on the other hand, the assurance of continued opportunities to increase the value of Issuer holdings.Receivable

AtUTS’ ~~the~~trade ~~Effective~~accounts ~~Date~~receivable ofresult from the ~~share~~sale ~~exchange, holders~~ of ~~UTS~~its ~~common~~products ~~stock~~and ~~ceased~~services, toand beconsist ~~stockholders~~ of ~~UTS~~private and ~~will~~public nocompanies. ~~longer have any rights as~~ UTS ~~stockholders,~~uses ~~other than~~ the ~~right~~allowance method to ~~receive~~account for ~~the~~uncollectible ~~applicable~~accounts. ~~consideration~~Bad indebt ~~the~~expense ~~share~~for ~~exchange. After~~ the ~~Effective~~three ~~Date,~~months ~~there~~ended ~~will~~September be30, no2011 ~~transfers~~was ~~on UTS’ stock transfer books of any shares of UTS common stock~~$9,062.

FConcentration -of 4Credit Risk

~~Table~~Financial instruments, which potentially expose UTS to concentrations of ~~Contents~~credit risk consist principally of trade accounts receivable.

~~The~~UTS’ ~~term~~trade ~~sheet~~accounts ~~also~~receivable ~~contained~~result from athe ~~condition~~sale ~~precedent~~of its products and services to ~~the~~customers, ~~Share~~and ~~Exchange~~customers ~~Agreement~~consist ~~that~~of public and private companies. In order to minimize the ~~Issuer~~risk ~~shall~~of ~~have~~loss ~~effected~~from athese ~~reverse~~companies, ~~split~~credit limits, ongoing credit evaluation of its ~~common~~customers, ~~stock~~and account monitoring procedures are utilized. Collateral is not generally required. Management analyzes historical bad debt, customer concentrations, customer credit-worthiness, current economic trends, and ~~have~~changes ~~issued~~in acustomer ~~stock~~payment ~~dividend~~tendencies, towhen evaluating the ~~September~~allowance ~~15,~~for ~~2006~~doubtful accounts. ~~shareholders~~UTS had one customer account for more than 10% of sales in the ~~Issuer~~three month period ended September 30, 2011. ~~These~~That ~~actions~~customer was ~~occurred~~Enterprise GPS, representing 10% of sales. UTS had one customer account for more that 10% of accounts receivable in ~~April~~the ~~2008~~three months ended September 30, 2011, Enterprise GPS (10%).

The ~~merger~~Company ~~was~~is ~~accounted~~obligated ~~for~~to aspay ~~a reverse acquisition and recapitalization. Universal Tracking Solutions is~~ the ~~acquirer~~salaries, wages, ~~for~~related ~~accounting~~benefit ~~purposes~~costs, and ~~Dynamic Natural Resources is the issuer~~expenses. Accordingly, ~~Universal~~the ~~Tracking~~Company's ~~Solutions’~~ability ~~historical financial statements for periods prior~~ to ~~the~~collect ~~acquisition~~amounts ~~become~~due ~~those~~from ofcustomers ~~the~~could ~~acquirer~~be ~~retroactively~~affected by ~~restated~~economic ~~for~~fluctuations ~~the~~in ~~equivalent~~its ~~number~~markets ofor ~~shares~~these ~~issued in the merger~~industries.

~~Basis~~Financial ~~of Presentation~~Instruments

~~Use~~UTS estimates that the fair value of ~~Estimates~~all financial instruments at September 30, 2011 do not differ materially from the aggregate carrying value of its financial instruments recorded in the accompanying balance sheets.

~~The~~Property ~~preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates~~ and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.Equipment

~~Revenue~~Property ~~Recognition~~and equipment are recorded at historical cost and include expenditures, which substantially increase the useful lives of existing property and equipment. Maintenance and repairs are charged to operations when incurred.

~~Product~~Depreciation ~~and~~of ~~service~~property ~~revenue~~ and ~~the~~equipment ~~related~~is ~~labor~~computed primarily ~~costs~~using ~~and payroll are recorded in~~ the ~~period~~straight-line inmethod ~~which~~based ~~services~~on ~~are~~estimated ~~performed~~useful orlives ~~products~~(furniture ~~are~~and ~~delivered.~~fixtures, ~~All~~6 ~~revenues~~to ~~are~~7 ~~accounted~~years, ~~for~~office ~~once~~equipment 5 ~~they~~to ~~are~~7 ~~earned.~~years, ~~Units~~and ~~Sales~~computers ~~are~~and ~~reported~~software, ~~upon~~3 ~~delivery~~to of5 ~~the~~years). ~~product~~Depreciation ~~and~~for ~~the~~income ~~month~~tax ~~maintenance~~purposes ~~fees are recognized when service~~ is ~~provided.~~computed ~~Customers~~principally ~~typically~~using ~~pay~~the straight ~~for~~line ~~monitoring~~method ~~services~~and onestimated auseful ~~monthly basis~~lives.

~~Accounts~~Advertising ~~Receivable~~Cost

~~UTS’~~Advertising ~~trade~~costs, ~~accounts~~except ~~receivable~~for ~~result~~costs ~~from~~associated with ~~the~~direct-response ~~sale~~advertising, ofare ~~its~~charged ~~products~~to ~~and~~operations ~~services,~~when ~~and~~incurred. ~~consist~~The costs of ~~private~~direct-response ~~and~~advertising ~~public~~are ~~companies.~~capitalized and ~~UTS~~amortized ~~uses~~over the ~~allowance~~period ~~method~~during towhich ~~account~~future ~~for~~benefits ~~uncollectible~~are ~~accounts~~expected to be received. ~~Bad~~UTS ~~debt~~did ~~expense~~not ~~for~~have direct-response advertising costs during the three months ended ~~June~~September 30, 2011 ~~was $9,062~~.

~~Concentration~~Accounting offor ~~Credit~~Stock-based ~~Risk~~Compensation

UTS accounts for and reports its stock-based employee compensation arrangements using the intrinsic value method as prescribed in Accounting Principles Board Opinion No. 25, Accounting for Stock Issued to Employees ("APB No. 25"), Financial ~~instruments~~Accounting Standards Board Interpretation No. 44, ~~which~~Accounting ~~potentially~~for ~~expose~~Certain ~~UTS~~Transactions toInvolving ~~concentrations~~Stock Compensation ("FIN 44"), and Statement of ~~credit~~Financial ~~risk~~Accounting Standards ~~consist~~No. ~~principally~~148 Accounting for Stock-Based Compensation - Transition and Disclosure (“SFAS 148”). Accordingly, compensation costs for stock options and warrants are measured as the excess, if any, of ~~trade~~the fair value of the stock at the date of grant, over the stock option exercise price. Value Consulting accounts ~~receivable~~for stock issued to non-employees in accordance with the provisions of Statement of Financial Accounting Standards No. 123, Accounting for Stock-Based Compensation ("SFAS No. 123") Under SFAS No. 123, stock option awards issued to non-employees are accounted for at their fair value on the date issued, where fair value is determined using the Black-Scholes option pricing method.

~~UTS’~~Income trade accounts receivable result from the sale of its products and services to customers, and customers consist of public and private companies. In order to minimize the risk of loss from these companies, credit limits, ongoing credit evaluation of its customers, and account monitoring procedures are utilized. Collateral is not generally required. Management analyzes historical bad debt, customer concentrations, customer credit-worthiness, current economic trends, and changes in customer payment tendencies, when evaluating the allowance for doubtful accounts. UTS had one customer account for more than 10% of sales in the three month period ended June 30, 2011. That customer was Enterprise GPS, representing 10% of sales. UTS had one customer account for more that 10% of accounts receivable in the three months ended June 30, 2011, Enterprise GPS (10%).Taxes

~~The~~UTS ~~Company~~records isits ~~obligated~~federal toand ~~pay~~state income tax liability in accordance with Statement of Financial Accounting Standards Statement No. 109 "Accounting for Income Taxes". Deferred taxes are provided for differences between the ~~salaries,~~basis ~~wages,~~of ~~related~~assets ~~benefit~~and ~~costs,~~liabilities for financial statements and ~~expenses.~~income ~~Accordingly~~tax purposes, ~~the~~using ~~Company's~~current ~~ability~~tax torates. ~~collect~~Deferred ~~amounts~~tax ~~due~~assets represent the expected benefits from ~~customers~~net ~~could~~operating belosses ~~affected~~carried byforward and ~~economic~~general ~~fluctuations~~business incredits ~~its~~that ~~markets~~are oravailable ~~these~~to ~~industries~~offset future income taxes.

~~Financial~~Income ~~Instruments~~(Loss) Per Share

~~UTS~~Net ~~estimates~~income ~~that~~(loss) ~~the~~per ~~fair~~share ~~value~~is ofcomputed ~~all~~based upon ~~financial~~the ~~instruments~~weighted ataverage ~~June~~number ~~30,~~of ~~2011~~outstanding doshares ~~not~~of ~~differ materially from~~ the ~~aggregate~~Company’s ~~carrying~~common ~~value~~stock offor ~~its~~each ~~financial~~period ~~instruments recorded in the accompanying balance sheets~~presented.

~~Property~~Recent ~~and~~Accounting ~~Equipment~~Pronouncements

~~Property~~In April 2003, the FASB issued SFAS No. 149, “Amendment of Statement 133 on Derivative Instruments and ~~equipment~~Hedging ~~are~~Activities”. ~~recorded~~The atstatement ~~historical~~amends ~~cost~~and clarifies accounting and ~~include~~reporting ~~expenditures,~~for ~~which~~derivative ~~substantially~~instruments, ~~increase~~including ~~the~~certain ~~useful~~derivative ~~lives~~instruments ofembedded ~~existing~~in ~~property~~other contracts, and ~~equipment~~hedging activities. This ~~Maintenance~~statement ~~and~~is ~~repairs~~designed to improve financial reporting such that contracts with comparable characteristics are ~~charged~~accounted for similarly. The statement is generally effective for contracts entered into or modified after June 30, 2003. The Company currently has no such financial instruments outstanding or under consideration and does not expect the adoption of this standard to ~~operations~~effect the ~~when~~Company’s ~~incurred~~financial position or results of operations.

~~Depreciation~~In ofMay ~~property~~2003, ~~and~~the ~~equipment~~FASB isissued ~~computed~~SFAS ~~primarily~~No. ~~using~~150, “Accounting ~~the~~for ~~straight-line~~Certain ~~method~~Financial ~~based~~Instruments onwith ~~estimated~~Characteristics ~~useful~~of ~~lives~~Both ~~(furniture~~Liabilities and ~~fixtures,~~Equity”. 6This tostatement establishes 7standards ~~years,~~for ~~office~~how ~~equipment~~an 5issuer toclassifies 7and ~~years,~~measures ~~and~~certain ~~computers~~financial ~~and~~instruments ~~software,~~with 3characteristics toof 5both ~~years)~~liabilities and equity. ~~Depreciation~~This statement is effective for ~~income~~financial ~~tax~~instruments ~~purposes~~entered into or modified after May 31, 2003, and is ~~computed~~otherwise effective ~~principally~~at ~~using~~the beginning of the ~~straight~~first ~~line~~interim ~~method~~period beginning after June 15, 2003. The Company currently has no such financial instruments outstanding or under consideration and ~~estimated~~therefore ~~useful~~adoption ~~lives~~of this standard currently has no financial reporting implications.

FIn June 2003, the United States Securities and Exchange Commission adopted final rules under Section 404 of the Sarbanes-Oxley 5Act of 2002. Commencing with our annual report for the year ended September 30, 2010, we will be required to include a report of management on our internal control over financial reporting. The internal control report must include a statement.

~~Table~~ · of ~~Contents~~management’s responsibility for establishing and maintaining adequate internal control over our financial reporting;

~~Advertising~~· of ~~Cost~~management’s assessment of the effectiveness of our internal control over financial reporting as of year end; and

~~Advertising~~· of ~~costs,~~the ~~except~~framework ~~for~~used ~~costs~~by ~~associated~~management ~~with direct-response advertising, are charged~~ to ~~operations~~evaluate ~~when~~the ~~incurred.~~effectiveness ~~The costs~~ of ~~direct-response~~our ~~advertising~~internal ~~are capitalized and amortized~~ control over ~~the~~financial ~~period during which future benefits are expected to be received~~reporting. ~~UTS did not have direct-response advertising costs during the three months ended June 30, 2011.~~

~~Accounting~~Furthermore, ~~for~~in ~~Stock-based~~the ~~Compensation~~following fiscal year, it is required to file the registered accounting firm’s attestation report separately on the Company’s internal control over financial reporting on whether it believes that the Company has maintained, in all material respects, effective internal control over financial reporting.

~~UTS~~ In ~~accounts~~December ~~for~~2003, ~~and reports its stock-based employee compensation arrangements using~~ the ~~intrinsic~~FASB ~~value~~issued ~~method~~FASB Interpretation ~~as prescribed in Accounting Principles Board Opinion~~ No. 2546, ~~Accounting~~“Amended ~~for~~Consolidation ~~Stock~~of ~~Issued~~Variable toInterest ~~Employees~~Entities” (~~"APB~~“FIN No. ~~25"~~46”),. ~~Financial~~This ~~Accounting~~interpretation clarifies ~~Standards~~rules ~~Board~~relating ~~Interpretation~~to ~~No.~~consolidation ~~44,~~where ~~Accounting~~entities ~~for~~are ~~Certain~~controlled ~~Transactions~~by ~~Involving~~means ~~Stock~~other ~~Compensation~~than ~~("FIN~~a ~~44"),~~majority ~~and~~voting ~~Statement~~interest ofand ~~Financial~~instances in ~~Accounting~~which ~~Standards~~equity ~~No.~~investors ~~148~~do ~~Accounting~~not ~~for~~bear ~~Stock-Based~~the ~~Compensation~~residual -economic ~~Transition~~risks. ~~and~~This ~~Disclosure~~interpretation ~~(“SFAS~~is ~~148”).~~effective ~~Accordingly,~~immediately ~~compensation costs~~ for ~~stock~~variable ~~options~~interest entities ~~and~~created ~~warrants~~after ~~are~~January ~~measured as the excess~~31, if2003 ~~any~~and, offor ~~the~~interim ~~fair~~periods ~~value~~beginning ofafter ~~the~~December ~~stock~~15, ~~at the date of grant~~2003, ~~over the stock option exercise price. Value Consulting accounts~~ for ~~stock~~interests ~~issued~~acquired prior to ~~non-employees~~February in1, ~~accordance~~2003. ~~with~~The ~~the~~Company ~~provisions~~does ofnot ~~Statement~~currently ofhave ~~Financial~~relationships ~~Accounting~~with ~~Standards~~entities ~~No.~~meeting ~~123,~~the ~~Accounting~~criteria ~~for~~set ~~Stock-Based~~forth ~~Compensation~~in ~~("SFAS~~FIN No. 46 ~~123")~~and ~~Under~~is ~~SFAS~~not ~~No.~~required ~~123, stock option awards issued~~ to ~~non-employees~~include ~~are~~any ~~accounted~~such ~~for~~entities atin ~~their~~its ~~fair~~financial ~~value~~statements onpursuant ~~the~~to ~~date issued, where fair value is determined using~~ the ~~Black-Scholes~~provisions ~~option~~of ~~pricing~~FIN ~~method~~No. 46.

~~Income~~Effective ~~Taxes~~as of December 31, 2004, the Company adopted the revised interpretation of Financial Accounting Standards Board (FASB) Interpretation No. 46 (FIN 46), “Consolidation of Variable Interest Entities,” (FIN 46-R). FIN 46-R requires that certain variable interest entities be consolidated by the primary beneficiary of the entity if the equity investors in the entity do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties. The Company does not have any investments in entities it believes are variable interest entities for which the Company is the primary beneficiary.

~~UTS~~In ~~records~~December ~~its~~2004, ~~federal~~FASB ~~and~~issued ~~state~~SFAS ~~income~~No. ~~tax~~123 (revised ~~liability~~2004) in"Share ~~accordance~~Based ~~with~~Payment" ~~Statement~~(SFAS ofNo. ~~Financial~~123R), ~~Accounting~~a ~~Standards~~revision to Statement No. ~~109~~123, "Accounting for ~~Income~~Stock-Based ~~Taxes".~~Compensation which ~~Deferred~~supersedes ~~taxes~~APB ~~are~~Opinion ~~provided~~No. 25, Accounting for ~~differences~~Stock ~~between~~Issued to Employees. The revised SFAS 123 eliminates the ~~basis~~alternative to use Opinion 25's intrinsic value method of ~~assets~~accounting and, ~~liabilities~~instead, requires entities to recognize the cost of employee services received in exchange for ~~financial~~awards ~~statements~~of ~~and~~equity ~~income~~instruments ~~tax~~based ~~purposes,~~on ~~using~~the ~~current~~grant-date ~~tax~~fair ~~rates~~value of those awards. ~~Deferred~~Furthermore, ~~tax~~public ~~assets~~entities are ~~represent~~required to measure liabilities incurred to employees in share-based payment transactions at fair value as well as estimate the number of instruments for which the requisite service is expected ~~benefits~~to ~~from~~be ~~net~~rendered. ~~operating~~Any ~~losses~~incremental ~~carried~~compensation ~~forward~~cost for a modification of the terms or conditions of an award is measured by comparing the fair values before and ~~general~~after ~~business~~the ~~credits~~modification. ~~that~~The ~~are~~Company has ~~available~~yet to ~~offset~~determine ~~future~~the ~~income~~effect ~~taxes~~SFAS No. 123R may have on its financial statements, if any.

~~Income~~In December 2007, the FASB issued FASB Statement No. 141 (~~Loss~~Revised 2007), ~~Per~~Business ~~Share~~Combinations (“SFAS No. 141(R)”), which requires the Company to record fair value estimates of contingent consideration and certain other potential liabilities during the original purchase price allocation, expense acquisition costs as incurred and does not permit certain restructuring activities previously allowed under Emerging Issues Task Force Issue No. 95-3 to be recorded as a component of purchase accounting. SFAS No. 141(R) applies prospectively to business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2008, except for the presentation and disclosure requirements, which shall be applied retrospectively for all periods presented. The Company will adopt this standard at the beginning of the Company’s fiscal year ending September 30, 2009 for all prospective business acquisitions. The Company has not determined the effect that the adoption of SFAS No. 141(R) will have on its financial statements.

~~Net~~In ~~income~~December 2007, the FASB issued FASB Statement No. 160, Noncontrolling Interests in Consolidated Financial Statements - an amendment of ARB No. 51 (~~loss~~“SFAS No. 160”), which ~~per~~causes ~~share~~noncontrolling isinterests ~~computed~~in ~~based~~subsidiaries ~~upon~~to ~~the~~be ~~weighted~~included ~~average~~in ~~number~~the equity section of ~~outstanding~~the ~~shares~~balance sheet. SFAS No. 160 applies prospectively to business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2008, except for the presentation and disclosure requirements, which shall be applied retrospectively for all periods presented. The Company will adopt this standard at the beginning of the Company’s ~~common~~fiscal ~~stock~~year ending September 30, 2009 for ~~each~~all ~~period~~prospective ~~presented~~business acquisitions. The Company has not determined the effect that the adoption of SFAS No. 160 will have on its consolidated financial statements.

~~Recent~~In ~~Accounting~~March ~~Pronouncements~~2008, the FASB issued FASB Statement No. 161, Disclosures about Derivative Instruments and Hedging Activities an amendment of FASB Statement No. 133 (“SFAS No. 161”), which changes the disclosure requirements for derivative instruments and hedging activities. Pursuant to SFAS No.161, Entities are required to provide enhanced disclosures about (a) how and why an entity uses derivative instruments, (b) how derivative instruments and related hedged items are accounted for under Statement 133 and its related interpretations, and (c) how derivative instruments and related hedged items affect an entity’s financial position, financial performance, and cash flows. SFAS No. 161 is effective for financial statements issued for fiscal years and interim periods beginning after November 15, 2008 with early application encouraged. SFAS No. 161 encourages but does not require disclosures for earlier periods presented for comparative purposes at initial adoption. In years after initial adoption, this Statement requires comparative disclosures only for periods subsequent to initial adoption. The Company will adopt this standard at the beginning of the Company’s year ending September 30, 2009. The Company does not expect the adoption of SFAS No. 161 to have a material impact on the financial results of the Company.

InThe ~~April 2003~~FASB, the ~~FASB~~Emerging ~~issued~~Issues ~~SFAS~~Task ~~No.~~Force ~~149,~~and the ~~“Amendment~~Securities ~~of Statement 133 on Derivative Instruments~~ and ~~Hedging~~Exchange ~~Activities”.~~Commission ~~The~~have ~~statement~~issued ~~amends~~certain ~~and~~other ~~clarifies~~ accounting pronouncements and ~~reporting~~regulations ~~for~~as ~~derivative~~of ~~instruments~~September 30, 2008 ~~including~~that ~~certain~~will ~~derivative~~become ~~instruments~~effective ~~embedded~~ in ~~other~~subsequent ~~contracts~~periods; however, ~~and~~management ~~hedging~~of ~~activities.~~Laufer ~~This~~does ~~statement~~not isbelieve ~~designed to improve financial reporting such~~ that ~~contracts~~any ~~with~~of ~~comparable~~those ~~characteristics~~pronouncements would ~~are~~have ~~accounted~~significantly ~~for~~affected ~~similarly.~~Laufer’s ~~The~~financial ~~statement~~accounting ismeasurements ~~generally~~or ~~effective~~disclosures ~~for~~had ~~contracts~~they ~~entered~~been ~~into~~in oreffect ~~modified after June 30~~during 2008, ~~2003. The Company currently has no such financial instruments outstanding or under consideration~~ and it does not ~~expect~~believe ~~the~~that ~~adoption~~any of ~~this~~those ~~standard~~pronouncements towill ~~effect~~have ~~the~~a ~~Company~~significant impact on Laufer’s financial ~~position~~statements at orthe ~~results~~time ofthey ~~operations~~become effective.

InCritical ~~May 2003, the FASB issued SFAS No. 150, “~~Accounting for Certain Financial Instruments with Characteristics of Both Liabilities and Equity”. This statement establishes standards for how an issuer classifies and measures certain financial instruments with characteristics of both liabilities and equity. This statement is effective for financial instruments entered into or modified after May 31, 2003, and is otherwise effective at the beginning of the first interim period beginning after June 15, 2003. The Company currently has no such financial instruments outstanding or under consideration and therefore adoption of this standard currently has no financial reporting implications.Policies

InThe ~~June~~preparation ~~2003,~~of ~~the~~financial ~~United~~statements ~~States~~and related ~~Securities~~notes ~~and~~requires ~~Exchange~~us ~~Commission~~to ~~adopted~~make ~~final~~judgments, ~~rules~~estimates, ~~under~~and ~~Section~~assumptions ~~404~~that ofaffect the ~~Sarbanes-Oxley~~reported ~~Act~~amounts of ~~2002. Commencing with our annual report for the year ended September 30~~assets, ~~2010~~liabilities, revenue weand ~~will~~expenses, beand ~~required~~related todisclosure ~~include a report~~ of ~~management~~contingent onassets ~~our~~and ~~internal control over financial reporting~~liabilities. ~~The internal control report must include a statement.~~

~~· of~~An ~~management’s~~accounting ~~responsibility~~policy ~~for~~is ~~establishing~~considered to be critical if it requires an accounting estimate to be made based on assumptions about matters that are highly uncertain at the time the estimate is made, and ~~maintaining~~if ~~adequate~~different ~~internal~~estimates ~~control~~that ~~over~~reasonably ~~our~~could have been used, or changes in the accounting estimates that are reasonably likely to occur periodically, could materially impact the financial ~~reporting;~~statements.

~~· of~~Financial ~~management’s~~Reporting ~~assessment~~Release No. 60 requires all companies to include a discussion of critical accounting policies or methods used in the ~~effectiveness~~preparation of ~~our~~financial ~~internal~~statements. There ~~control~~are ~~over~~no critical policies or decisions that rely on judgments that are based on assumptions about matters that are highly uncertain at the time the estimate is made. Note 2 to the financial ~~reporting~~statements asincludes a summary of ~~year~~the ~~end;~~significant accounting policies and methods used in the preparation of our financial statements.

· Furthermore, public entities are required to measure liabilities incurred to employees in share-based payment transactions at fair value as well as estimate the number of instruments for which the ~~framework~~requisite ~~used~~service byis ~~management~~expected to ~~evaluate~~be rendered. Any incremental compensation cost for a modification of the ~~effectiveness~~terms or conditions of ~~our~~an ~~internal~~award ~~control~~is ~~over~~measured by comparing the fair values before and after the modification. The Company has yet to determine the effect SFAS No. 123R may have on its financial ~~reporting~~statements, if any.

~~Furthermore,~~There inare ~~the~~no ~~following~~differences ~~fiscal~~between ~~year,~~historical and itpro-forma isstock ~~required~~based tocompensation file the registered accounting firm’s attestation report separately on the Company’s internal control over financial reporting on whether it believes that the Company has maintained, in all material respects, effective internal control over financial reportingvalue.

FNote B - 6Income Taxes

~~Table~~For income tax purposes UTS had an accumulated deficit of ~~Contents~~$573,172 as of September 30, 2011, which can be used to offset future federal and state taxable income. No income tax benefit has been recorded in the accompanying financial statements since the recoverability of such assets is not reasonably assured through known future revenue sources.

InNote ~~December~~C- ~~2003,~~Note the FASB issued FASB Interpretation No. 46, “Amended Consolidation of Variable Interest Entities” (“FIN No. 46”). This interpretation clarifies rules relating to consolidation where entities are controlled by means other than a majority voting interest and instances in which equity investors do not bear the residual economic risks. This interpretation is effective immediately for variable interest entities created after January 31, 2003 and, for interim periods beginning after December 15, 2003, for interests acquired prior to February 1, 2003. The Company does not currently have relationships with entities meeting the criteria set forth in FIN No. 46 and is not required to include any such entities in its financial statements pursuant to the provisions of FIN No. 46.Payable

~~Effective~~On asOctober ~~of December 31~~1, ~~2004~~2006, ~~the~~UTS ~~Company~~entered ~~adopted~~into ~~the~~a ~~revised~~loan with ~~interpretation~~a ofshareholder ~~Financial~~for ~~Accounting Standards Board (FASB) Interpretation No~~$20,000. 46As ~~(FIN 46), “Consolidation~~ of ~~Variable~~September ~~Interest Entities~~30,” ~~(FIN~~2011 ~~46-R). FIN 46-R requires that certain variable interest entities be consolidated by~~ the ~~primary~~balance ~~beneficiary~~ of the ~~entity~~loan ifwas the equity investors in the entity do not have the characteristics of a controlling financial interest or do not have sufficient equity at risk for the entity to finance its activities without additional subordinated financial support from other parties$19,500. ~~The Company does not have any investments in entities it believes are variable interest entities for which the Company is the primary beneficiary.~~

InNote ~~December~~D ~~2004, FASB issued SFAS No. 123 (revised 2004) "Share Based Payment" (SFAS No. 123R), a revision to Statement No. 123, Accounting for Stock~~-~~Based~~ ~~Compensation~~Cash ~~which~~Flow ~~supersedes~~Supplemental APB Opinion No. 25, Accounting for Stock Issued to Employees. The revised SFAS 123 eliminates the alternative to use Opinion 25's intrinsic value method of accounting and, instead, requires entities to recognize the cost of employee services received in exchange for awards of equity instruments based on the grant-date fair value of those awards. Furthermore, public entities are required to measure liabilities incurred to employees in share-based payment transactions at fair value as well as estimate the number of instruments for which the requisite service is expected to be rendered. Any incremental compensation cost for a modification of the terms or conditions of an award is measured by comparing the fair values before and after the modification. The Company has yet to determine the effect SFAS No. 123R may have on its financial statements, if any.Information

InCash ~~December~~paid ~~2007,~~for ~~the~~interest FASB issued FASB Statement No. 141 (Revised 2007), Business Combinations (“SFAS No. 141(R)”), which requires the Company to record fair value estimates of contingent consideration and certain other potential liabilities during the original purchase price allocation, expense acquisition costs as incurred and does not permit certain restructuring activities previously allowed under Emerging Issues Task Force Issue No. 95-3 to be recorded as a component of purchase accounting. SFAS No. 141(R) applies prospectively to business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2008, except for the presentation and disclosure requirements, which shall be applied retrospectively for all periods presented. The Company will adopt this standard at the beginning of the Company’s fiscal year ending ended September 30, ~~2009~~2011 ~~for~~amounted ~~all~~to ~~prospective business acquisitions~~$1,708. ~~The Company has not determined the effect that the adoption of SFAS No. 141(R) will have on its financial statements.~~

InNote ~~December~~E ~~2007, the FASB issued FASB Statement No. 160, Noncontrolling Interests in Consolidated Financial Statements~~ - an amendment of ARB No. 51 (“SFAS No. 160”), which causes noncontrolling interests in subsidiaries to be included in the equity section of the balance sheet. SFAS No. 160 applies prospectively to business combinations for which the acquisition date is on or after the beginning of the first annual reporting period beginning on or after December 15, 2008, except for the presentation and disclosure requirements, which shall be applied retrospectively for all periods presented. The Company will adopt this standard at the beginning of the CompanyStockholders’s fiscal year ending September 30, 2009 for all prospective business acquisitions. The Company has not determined the effect that the adoption of SFAS No. 160 will have on its consolidated financial statements.Equity

InIssuance ~~March 2008, the FASB issued FASB Statement No. 161, Disclosures about Derivative Instruments and Hedging Activities an amendment~~ of ~~FASB~~Common Statement No. 133 (“SFAS No. 161”), which changes the disclosure requirements for derivative instruments and hedging activities. Pursuant to SFAS No.161, Entities are required to provide enhanced disclosures about (a) how and why an entity uses derivative instruments, (b) how derivative instruments and related hedged items are accounted for under Statement 133 and its related interpretations, and (c) how derivative instruments and related hedged items affect an entity’s financial position, financial performance, and cash flows. SFAS No. 161 is effective for financial statements issued for fiscal years and interim periods beginning after November 15, 2008 with early application encouraged. SFAS No. 161 encourages but does not require disclosures for earlier periods presented for comparative purposes at initial adoption. In years after initial adoption, this Statement requires comparative disclosures only for periods subsequent to initial adoption. The Company will adopt this standard at the beginning of the Company’s year ending September 30, 2009. The Company does not expect the adoption of SFAS No. 161 to have a material impact on the financial results of the Company.Stock

~~The~~On ~~FASB~~February 1, ~~the~~2011, ~~Emerging~~UTS ~~Issues Task Force and the Securities and Exchange Commission have~~ issued ~~certain other accounting pronouncements and regulations as of September 30~~2, ~~2008 that will become effective in subsequent periods; however~~000,000 ~~management~~ shares of ~~Laufer~~common ~~does~~stock ~~not~~as ~~believe~~compensation ~~that~~for ~~any~~consulting ofservices. ~~those~~No ~~pronouncements~~shares ~~would~~were ~~have~~issued ~~significantly~~in ~~affected~~the ~~Laufer’s~~three ~~financial~~months ~~accounting~~ended ~~measurements~~September ~~or disclosures had they been in effect during 2008~~30, ~~and it does not believe that any of those pronouncements will have a significant impact on Laufer’s financial statements at the time they become effective~~2011.

FCommon -Stock 7Warrants

~~Table~~As of ~~Contents~~September 30, 2011, there were no stock warrants outstanding.

~~Critical~~Note ~~Accounting~~F ~~Policies~~- Commitments and Contingencies

~~The~~Operating preparation of financial statements and related notes requires us to make judgments, estimates, and assumptions that affect the reported amounts of assets, liabilities, revenue and expenses, and related disclosure of contingent assets and liabilities.Leases

AnUTS ~~accounting~~currently ~~policy~~has isno ~~considered~~lease toobligations. beOur executive ~~critical~~offices ifour located itin Gilbert, ~~requires~~AZ. anOur ~~accounting~~executive ~~estimate~~offices toare beleased ~~made based~~ on ~~assumptions~~a ~~about~~quarter-by-quarter ~~matters~~basis. ~~that~~ Payments are ~~highly uncertain at the time the estimate is~~ made, ~~and if different estimates that reasonably could have been used, or changes~~ in ~~the~~advance ~~accounting~~and ~~estimates~~there ~~that~~ are ~~reasonably~~no ~~likely~~on-going tolease ~~occur~~obligations. ~~periodically,~~The ~~could~~current ~~materially~~lease ~~impact~~rate ~~the~~is ~~financial~~$1,200 ~~statements~~per month.

Financial Reporting Release No. 60 requires all companies to include a discussion of critical accounting policies or methods used in the preparation of financial statements. There are no critical policies or decisions that rely on judgments that are based on assumptions about matters that are highly uncertain at the time the estimate is made. Note 2 to the financial statements includes a summary of the significant accounting policies and methods used in the preparation of our financial statements. Litigation

~~Furthermore,~~As ~~public entities are required to measure liabilities incurred to employees in share-based payment transactions at fair value as well as estimate the number~~ of ~~instruments~~September ~~for~~30, ~~which~~2011, ~~the~~UTS ~~requisite~~did ~~service~~not ishave any ~~expected~~outstanding tolegal beissues ~~rendered.~~outside ~~Any incremental compensation cost for a modification~~ of the ~~terms~~ordinary orcourse ~~conditions~~ of ~~an award is measured by comparing the fair values before and after the modification~~business. ~~The Company has yet to determine the effect SFAS No. 123R may have on its financial statements, if any.~~

~~There~~Note ~~are~~G no– ~~differences~~Consolidated ~~between historical and pro-forma stock based compensation value.~~Financials

~~Note~~The Bmerger -with ~~Income~~Universal ~~Taxes~~Tracking Solutions, Inc. was accounted for as a reverse acquisition and recapitalization. Universal Tracking Solutions is the acquirer for accounting purposes and Dynamic Natural Resources is the issuer. Accordingly, Universal Tracking Solutions’ historical financial statements for periods prior to the acquisition become those of the acquirer retroactively restated for the equivalent number of shares issued in the merger.

~~For~~Note ~~income~~H ~~tax~~- ~~purposes~~Subsequent UTS had an accumulated deficit of $622,937 as of June 30, 2011, which can be used to offset future federal and state taxable income. No income tax benefit has been recorded in the accompanying financial statements since the recoverability of such assets is not reasonably assured through known future revenue sources.Events

~~Note~~There C-are ~~Note~~no ~~Receivable~~subsequent events.

OnITEM ~~October 1, 2006, UTS entered into a short-term, month to month loan with a shareholder for $20,000~~2. AsMANAGEMENT'S ofDISCUSSION ~~June~~AND ~~30,~~ANALYSIS ~~2011~~OF ~~the~~FINANCIAL ~~balance~~CONDITION ofAND ~~the~~RESULTS ~~loan~~OF ~~was $19,500.~~OPERATIONS

~~Note~~Cautionary DStatement -Regarding ~~Cash Flow Supplemental~~ Forward-looking Information

~~Cash~~This ~~paid~~report ~~for~~and ~~interest~~other ~~during~~reports, as well as other written and oral statements made or released by us, may contain forward-looking statements. Forward-looking statements are statements that describe, or that are based on, our current expectations, estimates, projections and beliefs. Forward-looking statements are based on assumptions made by us, and on information currently available to us. Forward-looking statements describe our expectations today of what we believe is most likely to occur or may be reasonably achievable in the ~~period~~future, ~~ended~~but ~~June~~such 30statements do not predict or assure any future occurrence and may turn out to be wrong. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. The words "believe," ~~2011~~"anticipate," ~~amounted~~"intend," "expect," "estimate," "project", "predict", "hope", "should", and "may", other words and expressions that have similar meanings, and variations of such words and expressions, among others, usually are intended to ~~$980~~help identify forward-looking statements.

~~Note~~Forward-looking Estatements are subject to both known and unknown risks and uncertainties and can be affected by inaccurate assumptions we might make. Risks, uncertainties and inaccurate assumptions could cause actual results to differ materially from historical results or those currently anticipated. Consequently, no forward-looking ~~Stockholders’~~statement ~~Equity~~can be guaranteed. The potential risks and uncertainties that could affect forward looking statements include, but are not limited to the ability to raise needed financing, increased competition, extent of the market demand for and supply of goods and services of the types provided by the Company, governmental regulation, performance of information systems, and the ability of the Company to hire, train and retain qualified employees. In addition, other risks, uncertainties, assumptions, and factors that could affect the Company's results and prospects have been and may further be described in the Company's prior and future filings with the Securities and Exchange Commission and other written and oral statements made or released by the Company.

~~Issuance~~We caution you not to place undue reliance on any forward-looking statements, which speak only as of ~~Common~~the ~~Stock~~date of this document. The information contained in this report is current only as of its date, and we assume no obligation to update any forward-looking statements.

OnThe ~~February~~financial 1,information ~~2011~~set forth in the following discussion should be read in conjunction with, ~~UTS~~and ~~issued~~qualified 2in its entirety by,~~000,000~~ ~~shares~~the Company's unaudited consolidated financial statements and notes included herein. The results described below are not necessarily indicative of ~~common~~the ~~stock~~results asto ~~compensation~~be expected ~~for~~in ~~consulting~~any ~~services~~future period. NoCertain ~~shares~~statements ~~were~~in ~~issued~~this discussion and analysis, including statements regarding our strategy, financial performance and revenue sources, are forward-looking information based on current expectations and entail various risks and uncertainties that could cause actual results to differ materially from those expressed in the ~~three~~forward-looking ~~months~~statements. Readers are referred to our Unaudited Financials included on Form 10-K for the fiscal year ended ~~June~~December 3031, ~~2011~~2010.

~~Common~~ Results ~~Stock~~of ~~Warrants~~Operations

AsTHREE ofMONTHS ~~June~~ENDED SEPTEMBER 30, 2011~~, there were no stock warrants outstanding.~~

~~Note~~Our Fnet -income ~~Commitments~~for ~~and~~three ~~Contingencies~~months ended September 30, 2011 was $49,765, compared to a net loss of $9,476 for the three months ended September 30, 2010. A discussion of our results of operations is as follows:

~~Operating~~Revenues ~~Leases~~for the three months ended September 30, 2011 were $197,908. This is an increase of $76,812 compared to the quarter ended September 30, 2010. This increase is attributable to our increased marketing efforts.

~~UTS~~Our ~~currently~~cost ~~has~~of noservices ~~lease~~for ~~obligations~~the three months ended September 30, 2011 were $89,723. ~~Our~~This ~~executive~~represents ~~offices~~an increase of $17,864 over the quarter ended September 30, 2010. This increase is attributable to our ~~located~~ ~~in Gilbert~~increased sales. As a percentage of sales, AZour cost of services decreased. Our ~~executive~~cost ~~offices~~of ~~are~~services ~~leased~~for onthe quarter ended September 30, 2011 was 45% of sales, a decrease as compared to the quarter~~-by-quarter~~ ~~basis~~ended September 30, 2010, which was 59% of sales. ~~Payments~~This ~~are~~decrease ~~made~~is ina ~~advance~~result ~~and~~of ~~there~~our ~~are~~increased nofocus on~~-going~~ ~~lease~~controlling ~~obligations~~costs and higher margin products. ~~The~~Cost ~~current~~of ~~lease~~sales ~~rate~~includes various iscosts $1associated with providing our telemetry tracking systems. This includes activations,~~200~~ ~~per~~carrier ~~month~~access, materials, and other various costs associated with providing products and services.

FOperating -expenses 8were $56,770 for the three months ended September 30, 2011, compared to $58,322 for the three months ended September 30, 2010. This decrease is attributable to our continued efforts to increase efficiencies.

~~Table~~No provision for income taxes have been reflected or recorded on these financial statements. We incurred a net income of ~~Contents~~$49,765 for the three months ended September 30, 2011 as a result of the matters discussed above. Losses to date may be used to offset future taxable income.

~~Litigation~~Liquidity and Capital Resources

As of ~~June~~September 30, 2011,. ~~UTS~~The ~~did~~Company ~~not~~has ~~have~~incurred losses ~~any~~and ~~outstanding~~has ~~legal~~been ~~issues~~dependent ~~outside~~upon of the ~~ordinary~~financial ~~course~~support of ~~business~~stockholders, management and other related parties.

~~Note~~Management Ghas –successfully ~~Consolidated~~obtained ~~Financials~~additional financial resources, which the Company believes will support operations until profitability can be achieved. These financial resources include financing from both related and non-related third parties, as discussed in the footnotes to the financial statements. There can be no assurance that management will be successful in these efforts. The financial statements do not reflect any adjustments that may arise as a result of this uncertainty.

~~The~~We ~~merger~~expect ~~with~~our ~~Universal~~operating ~~Tracking~~expenses ~~Solutions,~~to ~~Inc.~~continue to ~~was~~increase ~~accounted~~as ~~for~~we asattempt ato ~~reverse~~build ~~acquisition~~our brand and ~~recapitalization~~expand. ~~Universal~~We ~~Tracking~~hope ~~Solutions~~our isexpenses ~~the~~will ~~acquirer~~be ~~for~~funded ~~accounting~~from ~~purposes~~operations and ~~Dynamic~~short-term ~~Natural~~investments from ~~Resources~~officers, isshareholders ~~the~~or ~~issuer.~~others; ~~Accordingly~~however, ~~Universal~~our ~~Tracking~~operations ~~Solutions’~~may ~~historical~~not ~~financial~~provide ~~statements~~such ~~for~~funds ~~periods~~and ~~prior~~we tomay ~~the~~not ~~acquisition~~be ~~become~~able ~~those~~obtain ofshort-term loans ~~the~~from ~~acquirer~~officers, ~~retroactively~~shareholders ~~restated~~or ~~for~~others. ~~the~~Our ~~equivalent~~officers ~~number~~and ofshareholders ~~shares~~are ~~issued~~under inno obligation to provide additional loans to the ~~merger~~company.

~~Note~~ITEM H3. -QUANTITATIVE ~~Subsequent~~AND ~~Events~~QUALITATIVE DISCLOSURES ABOUT MARKET RISK

~~There~~The ~~are~~Company nois ~~subsequent~~not ~~events~~exposed to market risk related to interest rates or foreign currencies.

FITEM -4. 9CONTROLS AND PROCEDURES

~~Table~~Evaluation of ~~Contents~~disclosure controls and procedures

~~ITEM~~As 2of September 30, 2011, we carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures pursuant to Exchange Act Rule 13a-14. ~~MANAGEMENT'S~~ ~~DISCUSSION~~This ~~AND~~evaluation ~~ANALYSIS~~was OFdone ~~FINANCIAL~~under ~~CONDITION~~the ~~AND~~supervision ~~RESULTS~~and OFwith ~~OPERATIONS~~the participation of our Principal Executive Officer. Based upon that evaluation, he concluded that our disclosure controls and procedures are effective in gathering, analyzing and disclosing information needed to satisfy our disclosure obligations under the Exchange Act.

~~Cautionary~~Changes ~~Statement~~in ~~Regarding~~internal ~~Forward-looking Information~~controls

~~This~~There ~~report~~were ~~and~~no ~~other~~changes ~~reports,~~in ~~as well as other written and oral statements made or released by us, may contain forward-looking statements. Forward-looking statements are statements that describe, or that are based on,~~ our ~~current~~internal expectations, estimates, projections and beliefs. Forward-looking statements are based on assumptions made by us, and on information currently available to us. Forward-looking statements describe our expectations today of what we believe is most likely to occur controls or ~~may be reasonably achievable~~ in ~~the~~other ~~future,~~factors ~~but~~that ~~such~~could ~~statements~~significantly doaffect ~~not~~those ~~predict~~controls orsince ~~assure any future occurrence and may turn out to be wrong. You can identify forward-looking statements by~~ the ~~fact~~most ~~that~~recent ~~they~~evaluation do not relate strictly to historical or current facts. The words "believe," "anticipate," "intend," "expect," "estimate," "project", "predict", "hope", "should", and "may", other words and expressions that have similar meanings, and variations of such ~~words and expressions, among others, usually are intended to help identify forward-looking statements~~controls.

~~Forward-looking~~PART ~~statements~~II are subject to both known and unknown risks and uncertainties and can be affected by inaccurate assumptions we might make. Risks, uncertainties and inaccurate assumptions could cause actual results to differ materially from historical results or those currently anticipated. Consequently, no forward-~~looking~~ ~~statement~~OTHER can be guaranteed. The potential risks and uncertainties that could affect forward looking statements include, but are not limited to the ability to raise needed financing, increased competition, extent of the market demand for and supply of goods and services of the types provided by the Company, governmental regulation, performance of information systems, and the ability of the Company to hire, train and retain qualified employees. In addition, other risks, uncertainties, assumptions, and factors that could affect the Company's results and prospects have been and may further be described in the Company's prior and future filings with the Securities and Exchange Commission and other written and oral statements made or released by the Company.INFORMATION

WeITEM ~~caution you not to place undue reliance on any forward-looking statements, which speak only as of the date of this document~~1. ~~The~~LEGAL ~~information contained in this report is current only as of its date, and we assume no obligation to update any forward-looking statements.~~PROCEEDINGS

The ~~financial~~Company ~~information~~is ~~set~~subject ~~forth~~to inlegal ~~the~~proceedings and ~~following discussion should be read in conjunction with~~claims, ~~and~~which ~~qualified~~arise in ~~its entirety by,~~ the ~~Company's~~ordinary ~~unaudited~~course ~~consolidated~~of ~~financial~~its ~~statements and notes included herein~~business. ~~The~~UTS ~~results~~is ~~described below are~~ not ~~necessarily~~currently ~~indicative~~involved ofwith ~~the results to be expected in~~ any ~~future~~legal ~~period.~~proceedings ~~Certain statements in this discussion~~ and ~~analysis,~~is not ~~including~~aware ~~statements~~of ~~regarding~~any ~~our~~threatened strategy, financial performance and revenue sources, are forward-looking information based on current expectations and entail various risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statementsactions. ~~Readers are referred to our Unaudited Financials included on Form 10-K for the fiscal year ended December 31, 2010.~~

~~Results~~ITEM of1A. ~~Operations~~RISK FACTORS

~~THREE~~In ~~MONTHS~~addition ~~ENDED~~to ~~JUNE~~the 30other information set forth in this Quarterly Report on Form 10-Q, ~~2011~~you should carefully consider the factors discussed in “Risk Factors” in our 2010 Form 10-K filed with the SEC, which could materially affect our business, financial condition or future results. The risks described in our 2010 Form 10-K are not the only risks we face. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition or future results.

~~Our~~There ~~net~~have ~~income~~been ~~for~~no ~~three~~material ~~months~~changes ~~ended~~in ~~June~~the risk ~~30,~~factors ~~2011~~previously ~~was~~disclosed ~~$33,696,~~in ~~compared~~“Risk toFactors” ain ~~net loss of $4~~Part 1,~~227~~ ~~for~~Item 1A ~~the three months ended June 30, 2010. A discussion~~ of our ~~results~~2010 ofForm ~~operations~~10-K isfiled aswith ~~follows:~~the SEC.

~~Revenues~~ITEM ~~for the three months ended June 30, 2011 were $166,259~~2. ~~This~~UNREGISTERED isSALES anOF ~~increase~~SECURITIES ofAND ~~$22,146~~USE ~~compared~~OF ~~to the quarter ended June 30, 2010. This increase is attributable to our increased marketing efforts.~~PROCEEDS

~~Our~~On ~~cost~~February ~~of services for the three months ended June 30~~1, 2011 ~~were $81~~,~~019.~~ ~~This~~UTS ~~represents~~issued ~~a decrease of $25~~2,~~385 over the quarter ended June 30~~000,000 ~~2010. This decrease is a result~~ shares of ~~our~~common ~~increased~~stock ~~focus~~for onconsulting ~~controlling costs and higher margin products~~services. ~~Cost~~No ofadditional ~~sales~~shares ~~includes~~were ~~various~~issued ~~costs~~in ~~associated~~the ~~with~~three ~~providing~~months ~~our~~ended ~~telemetry~~September ~~tracking systems. This includes activations~~30, ~~carrier access, materials, and other various costs associated with providing products and services~~2011.

~~Operating~~ITEM ~~expenses were $50,564 for the three months ended June 30, 2011, compared to $38,982 for the three months ended June 30, 2010~~3. ~~This~~DEFAULT ~~increase~~UPON inSENIOR ~~expense is attributable to various administrative and professional fees.~~SECURITIES

NoThere ~~provision~~were ~~for~~no ~~income~~defaults ~~taxes have been reflected or recorded~~ on ~~these~~senior ~~financial statements. We incurred a net income of $33,696~~ securities for the three months ended ~~June~~September 30, 2011 ~~as a result of the matters discussed above~~. ~~Losses to date may be used to offset future taxable income.~~

-ITEM 4. -REMOVED AND RESERVED

~~Table of Contents~~N/A

~~Liquidity~~ITEM ~~and~~5. ~~Capital~~OTHER ~~Resources~~INFORMATION

~~As of June 30, 2011. The Company has incurred losses and has been dependent upon the financial support of stockholders, management and other related parties.~~None

~~Management~~ITEM ~~has successfully obtained additional financial resources, which the Company believes will support operations until profitability can be achieved~~6. ~~These~~EXHIBITS ~~financial~~AND ~~resources~~REPORTS ~~include~~ON ~~financing~~FORM ~~from both related and non~~8-related third parties, as discussed in the footnotes to the financial statements. There can be no assurance that management will be successful in these efforts. The financial statements do not reflect any adjustments that may arise as a result of this uncertainty.K

We(a) expect our operating expenses to continue to increase as we attempt to build our brand and expand. We hope our expenses will be funded from operations and short-term investments from officers, shareholders or others; however, our operations may not provide such funds and we may not be able obtain short-term loans from officers, shareholders or others. Our officers and shareholders are under no obligation to provide additional loans to the company.Exhibits

ITEM 3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Exhibit
31.1	Certification of the Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1	Certification Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002.

~~The~~(b) ~~Company~~Reports isof ~~not~~Form ~~exposed to market risk related to interest rates or foreign currencies.~~8-K

~~ITEM~~No ~~4. CONTROLS~~reports ~~AND~~were ~~PROCEDURES~~filed on Form 8-K during the quarter ended September 30, 2011.

~~Evaluation of disclosure controls and procedures~~SIGNATURES

AsIn ofaccordance ~~June~~with ~~30, 2011, we carried out an evaluation of~~ the ~~effectiveness~~requirements of the ~~design and operation of our disclosure controls and procedures pursuant to~~ Exchange Act, ~~Rule 13a-14. This evaluation was done under~~ the ~~supervision~~registrant ~~and~~caused ~~with~~this ~~the~~report ~~participation~~to ofbe ~~our~~signed ~~Principal~~on ~~Executive~~its ~~Officer.~~behalf ~~Based~~by ~~upon~~the ~~that evaluation~~undersigned, hethereunto ~~concluded~~duly ~~that our disclosure controls and procedures are effective in gathering, analyzing and disclosing information needed to satisfy our disclosure obligations under the Exchange Act~~authorized.

Changes in internal controls

	Universal Tracking Solutions, Inc.
Dated: 11/04/2011	/s/Keith A. Tench
	By: Keith Tench, President, Chief Executive Officer, Chairman of the Board

Dated: 11/04/2011	/s/ Keith A. Tench
	By: Keith Tench, Chief Financial Officer

There were no changes in our internal controls or in other factors that could significantly affect those controls since the most recent evaluation of such controls.

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Table of Contents

PART II - OTHER INFORMATION

ITEM 1. LEGAL PROCEEDINGS

The Company is subject to legal proceedings and claims, which arise in the ordinary course of its business. UTS is not currently involved with any legal proceedings and is not aware of any threatened actions.

ITEM 1A. RISK FACTORS

In addition to the other information set forth in this Quarterly Report on Form 10-Q, you should carefully consider the factors discussed in “Risk Factors” in our 2010 Form 10-K filed with the SEC, which could materially affect our business, financial condition or future results. The risks described in our 2010 Form 10-K are not the only risks we face. Additional risks and uncertainties not currently known to us or that we currently deem to be immaterial also may materially adversely affect our business, financial condition or future results.

There have been no material changes in the risk factors previously disclosed in “Risk Factors” in Part 1, Item 1A of our 2010 Form 10-K filed with the SEC.

ITEM 2. UNREGISTERED SALES OF SECURITIES AND USE OF PROCEEDS

On February 1, 2011, UTS issued 2,000,000 shares of common stock for consulting services. No additional shares were issued in the three months ended June 30, 2011.

ITEM 3. DEFAULT UPON SENIOR SECURITIES

There were no defaults on senior securities for the three months ended June 30, 2011.

ITEM 4. REMOVED AND RESERVED

Not applicable.

ITEM 5. OTHER INFORMATION

None.

ITEM 6. EXHIBITS AND REPORTS ON FORM 8-K

(a) Exhibits

Exhibit No.		Description
31.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1		Certification of Chief Executive Officer and Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

(b) Reports of Form 8-K

No reports were filed on Form 8-K during the quarter ended June 30, 2011.

- 6 -

Table of Contents

SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

		Universal Tracking Solutions, Inc.
Dated: August 3, 2011	By:	/s/Keith A. Tench
	Name: Title:	Keith Tench, President Chief Executive Officer, and Chairman of the Board
Dated: August 3, 2011	By:	/s/ Keith A. Tench
	Name: Title:	Keith Tench Chief Financial Officer

- 7 -

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